Home prices fall further a look to mark a new series low which would make the double dip official. The big banks beat estimates but revenue plunges.
Posts under ‘Deflation’
Michael Burry on the financial crisis
Michael Burry chronicles the housing and credit rise and bust. While his delivery isn’t the best the content and information provided is exceptional. If your a homeowner, thinking of buying real estate or an investor this is a must watch video. As it provides both historical context and sound advice for the future. In fact [...]
Bill Gross, Master of Monetary Psy-Ops
Its short position is, in fact, nothing short of a prediction by Gross that Treasuries will soon collapse. How valid are such plainly advertised convictions?
Fade the Inflation Hysteria
Inflation has a very high correlation, .88%, to the labor market. With high unemployment and considerable economic slack, inflation will remain hard to find.
Of the 1%, By the 1%, and for the 1%
Think critically and decide for yourself, do not blindly listen to the so called “experts” because the sad truth is that most of them are dangerously clueless.
GDP, Debt and basic Economics
The recession occurred because private debt accumulation reached its limit of service. On this there is no debate – we couldn’t pay our debts.
The Exploding U.S. Money Supply Myth
This is why we don’t have hyperinflation. What we have is speculative capital flows into commodities etc., which creates the illusion of inflation.
KPIG Radio / The Profit Motive February 22
Economic reality is catching up to the fiction espoused by the mainstream media. Real estate goes further south is risk a dirty word? Justice is not served.
KPIG Radio / The Profit Motive December 10
US home values will collectively lose some 1.7 trillion in value this year, as foreclosures mount and the tax credits disappear a figure greater than the 1.05 trillion lost in 2009.
KPIG Radio / The Profit Motive September 17
The mainstream media increasingly desperate to sell the don’t worry be happy borrow more money and go shopping routine to the general public.
Hi and welcome to The Profit Motive, I’m your host Caleb Lawrence. Once upon a time in America the media acted as the watchdog of the corporations and the state. In the modern era it’s all about ratings and profits, opinion has been substituted for news and frequently is presented as fact. Much like my daily radio show on KPIG 107.5 FM in Santa Cruz California and KPYG FM 94.9 Cayucos/San Luis Obispo California. A thousand Blogs were able to spot the current problems and many began discussing it years before it reached crises proportions. While there were exceptions, and these exceptions are becoming more common, the mainstream media failed to get it and largely continue to do so.
